{"data":{"id":"us-tx/tex.-insurance-code-2210.635","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2210.635","heading":"EXCESS REVENUE COLLECTIONS AND INVESTMENT EARNINGS.","body":"With respect to a financing arrangement entered into under Section 2210.632, the association may use revenue collected in a calendar year from a premium surcharge, including earned interest, that exceeds the amount of the financing arrangement obligations and financing arrangement administrative expenses payable during that calendar year to:\n(1) pay financing arrangement obligations payable in the subsequent calendar year, offsetting the amount of a premium surcharge that would otherwise be required to be levied for the year under this chapter;\n(2) pay outstanding financing arrangement obligations; or\n(3) deposit additional money into the catastrophe reserve trust fund.\nAdded by Acts 2025, 89th Leg., R.S., Ch. 895 (H.B. 3689), Sec. 1.15, eff. September 1, 2025.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE G. POOLS, GROUPS, PLANS, AND SELF-INSURANCE","CHAPTER 2210. TEXAS WINDSTORM INSURANCE ASSOCIATION","SUBCHAPTER M-1. STATE-FUNDED FINANCING ARRANGEMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2210.htm#2210.635","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"dd673614a1af37c1468d2079ad1d44161b77c1e4902211b4c6a23f8627409696","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2210.6345","next":"us-tx/tex.-insurance-code-2210.6355"},"notice":"GroundRules: Original legal text. Not legal advice."}